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What are the new opportunities for magnetic components companies?

2023-02-02 09:41:31      view:

Industry organizations predict that the Telematics market will reach 277.1 billion yuan in 2022, what kind of development opportunities will this bring to the magnetic components industry?

 

Recently, the Ministry of Transport released the "Self-driving Vehicle Transportation Safety Service Guidelines (for Trial Implementation)" (draft for comment), which proposes to encourage the use of self-driving vehicles in relatively controlled scenarios for passenger transport operations in rental cars.

 

It is no coincidence that the government departments of Wuhan and Chongqing have also recently released pilot policies for fully unmanned commercialization of autonomous driving and issued the country's first batch of fully unmanned demonstration operation qualifications to Baidu, an important milestone for domestic autonomous driving towards commercialization.

 

As we all know, the test of autonomous driving is not only the "car" itself, but also has great requirements for "road, cloud and network", which is inseparable from the network construction of car networking.

 

The rapid development of 5G industry and autonomous driving industry has led to the rapid growth of Telematics market scale. According to the data of China Business Industry Research Institute, the average annual compound growth rate of China's Telematics from 2017 to 2020 is 29.95%, and the market size of Telematics is forecasted to reach 277.1 billion yuan in 2022. Foresight Research Institute predicts that with the scale of China's connected car users rising year by year, the market size of connected car is expected to reach 800 billion yuan in 2026.

 

However, it should be noted that, due to the traditional automotive market supply chain has been basically stable, the domestic entry into the field of automotive electronics magnetic components companies are few and far between. Now, in the field of new energy vehicles and autonomous driving, China has been in the forefront of the world, which is a good time to re-build the automotive industry chain. We will wait and see what kind of answers domestic magnetic components companies will deliver in the windy times.